Long Shortz with Krakatoa: Fingers crossed for a lithium eruption
All hail King Tamba! Krakatoa Resources has pledged its allegiance to the West Australian lithium project with an expanded, 6,000m RC drilling program.
Stockhead’s Sarah Hughan sits down with Krakatoa Resources (ASX:KTA) executive chairman Colin Locke to get the short end of the long story on the company’s latest announcement.
Krakatoa has begun Phase 2 drilling at its King Tamba lithium project in Western Australia’s Midwest region after the discovery of a connected pegmatite running underneath three key prospects carrying high-grade lithium at surface.
The 6,000m RC program, encompassing 45-50 holes, will take place throughout December and into the new year to test the full extent of high-grade lithium in soil anomalies within a 500m by 1.3km halo.
Tune in to hear Krakatoa’s Colin Locke on the start of the drilling program, a recent $1.6 million placement and more.